Max Berlowitz & Michele Tessler Berlowitz Of Douglas Elliman Represent Buyer For New Development In Miami Beach For $5.65M

The property asset involved in this transaction is a new development located at 7450 Ocean Terrace in Miami Beach. The last asking price for the property was $5,650,000. It encompasses an area of 1,425 square feet, translating to a price per square foot of $3,965.

Summary of transaction details:

• Property Type: New Development
• Transaction Amount: $5,650,000
• Address: 7450 Ocean Terrace
• Market: Miami Beach
• Square Footage: 1,425
• Price Per Square Foot: $3,965
• Buyer's Representative: Max Berlowitz & Michele Tessler Berlowitz - Douglas Elliman
• Date of Transaction: May 22

The deal involved the representation of the buyer by Max Berlowitz and Michele Tessler Berlowitz from Douglas Elliman, indicating their professional involvement in this transaction. Their roles were pivotal in facilitating the sale process for this property development.